OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

LONDON: Oil prices settled lower on Thursday (May 15) on expectations for a US-Iran nuclear deal that could result in ...

Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

India's oil demand is expected to grow at the fastest pace among major economies and double the rate of rise in China in 2025 ...

We make a start by noting that some aspects of the US oil market show signs of tightening. Starting with the Baker Hughes oil ...

The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as the largest crude oil ...